Iran completely stops selling oil in U.S. dollars
www.chinaview.cn 2007-12-08 19:40:27   Print

Special Report: Iran Nuclear Crisis

    TEHRAN, Dec. 8 (Xinhua) -- Iran, the world's fourth largest oil exporter, has completely stopped selling its oil in U.S. dollars, the ISNA news agency reported on Saturday.

    "In line with the policy of selling crude oil in non-dollar currencies, currently selling our country's oil in U.S. dollars has been completely stopped," Iran's Oil Minister Gholam Hossein Nozari was quoted as saying.

    "The dollar is an unreliable currency in regards to its devaluation and the loss oil exporters have endured from this trend," he added.

    "This is why Iran proposed to OPEC members that a currency (for selling oil) would be determined that would be reliable and would not cause any loss to exporter countries," Nozari said. He was referring to the November summit of the Organization of Petroleum Exporting Countries (OPEC) in Saudi Arabia in which Iran proposed that it is necessary to replace the U.S. dollar with other major hard currencies in oil trading.

    Over the past months, Iran has massively reduced its dependence on the U.S. dollar in a bid to counter the United States' pressures on its financial system over Tehran's disputed nuclear program.

U.S. demands Iran provide information about missing former FBI agent

    WASHINGTON, Dec. 6 (Xinhua) -- The United States demanded on Thursday that Iran share any possible information about former FBI agent Robert Levinson who allegedly went missing in a business trip to the southern Iranian island of Kish in March.

    Speaking to reporters, State Department deputy spokesman Tom Casey said that Iran had conducted an investigation about Levinson but not shared any findings with Washington or with the Levinson family. Full story

Ahmadinejad calls U.S. intelligence report a "victory" for Iran's nuke program

     TEHRAN, Dec. 5 (Xinhua) -- Iranian President Mahmoud Ahmadinejad said on Wednesday that the recently-released U.S. intelligence report was a "great victory" for Tehran's nuclear program, the state television reported.

    "Over our nuclear program, this is a great victory for the Iranian people against the great powers," Ahmadinejad was quoted as telling thousands of people in the Western Ilam province. Full story

Report: Iran ceases nuke work in 2003

A view of the underground uranium enrichment plant at Natanz, Iran , is seen in this DigitalGlobe satellite image released with notations by the Institute for Science and International Security (ISIS) on April 16, 2006. (Xinhua/AFP)
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   WASHINGTON, Dec. 3 (Xinhua) -- Iran halted work toward a nuclear weapon in 2003 and is unlikely to be able to produce enough enriched uranium for a bomb until 2010 to 2015, according to a new U.S. intelligence report.

    A declassified summary of the latest National Intelligence Estimate that came out Monday, found with "high confidence" that the Iran stopped an effort to develop nuclear weapons in the fall of 2003. Full story

Iran welcomes U.S. reports

    BEIJING, Dec. 6 -- Iran has declared victory over the United States after the release of a U.S. intelligence report, which says Iran halted its nuclear weapons program in 2003 due to international scrutiny and pressure.

    But, US President George W. Bush said the report was a warning signal and insisted Iran's nuclear program remains a threat. Full story

Bush insists Iran's nuclear program remains dangerous

U.S. President George W. Bush listens to questions during a news conference at the White House in Washington, December 4, 2007.

U.S. President George W. Bush listens to questions during a news conference at the White House in Washington, Dec. 4, 2007. (Xinhua/Reuters Photo)
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    WASHINGTON, Dec. 4 (Xinhua) -- U.S. President George W. Bush insisted Tuesday that Iran remained a danger and military options were still on the table one day after a U.S. intelligence report said Tehran halted its nuclear weapons program in 2003.

    "The best diplomacy, effective diplomacy, is one in which all options are on the table," Bush said at a White House news conference. Full story

Iran says abandoning nuclear enrichment "unacceptable"

Iran's chief nuclear negotiator Saeed Jalili said here on Friday that it was "unacceptable" for Iran to give up its right for nuclear enrichment.

Iran's nuclear negotiator Saeed Jalili speaks at a news conference at the Iranian Embassy in London Nov. 30, 2007. He said on Friday that it was "unacceptable" for Iran to give up its right for nuclear enrichment. (Xinhua/Reuters Photo)
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    LONDON, Nov. 30 (Xinhua) -- Iran's chief nuclear negotiator Saeed Jalili said here on Friday that it was "unacceptable" for Iran to give up its right for nuclear enrichment.

    "Iran is a member of the NPT (Nonproliferation Treaty), which means it has the right to enrich uranium," Jalili told reporter after five hours of talks with European Union foreign policy chief Javier Solana in London. Full story

Editor: Yao Siyan
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